Smarter Web Firm to Hold 2,100 BTC Worth £171M Over 10 Years

The Smarter Web Company PLC has strengthened its long-term Bitcoin strategy with the purchase of 50 additional BTC. The acquisition forms part of its “10 Year Plan,” an ongoing treasury policy designed to accumulate Bitcoin as a core asset.

The latest purchase, made at an average price of £86,650 ($116,276) per Bitcoin, totaled £4.33 million. This brings the company’s total holdings to 2,100 BTC, acquired at an average price of £81,472 ($109,327) per coin. This represents a total investment of £171.09 million.

Treasury Strategy and Performance

The company’s Bitcoin treasury has delivered exceptional returns, achieving a year-to-date yield of 48,273% and a 30-day yield of 84%. Approximately £19.5 million in net cash remains available for further Bitcoin acquisitions.

Chief Executive Andrew Webley reaffirmed the company’s commitment to its Bitcoin-focused treasury policy. He stated that Bitcoin forms “a core part of the future of the global financial system.” Since 2023, the firm has also accepted Bitcoin as payment for its web design, development, and marketing services.

Innovative Capital Raising

Earlier this week, the company announced “Smarter Convert,” a £21 million capital-raising initiative structured as a Bitcoin-denominated convertible bond. Fully subscribed by institutional investor TOBAM, the instrument is interest-free and represents a first-of-its-kind innovation for the UK capital markets.

Webley said the structure could “open up a new segment of capital” and complement the firm’s existing funding strategies. The initiative, he added, reinforces the company’s ambition to become one of the largest publicly listed firms in the UK.

Future Strategy and Market Positioning

With a substantial Bitcoin treasury, strategic capital partnerships, and plans for both organic and acquisition-led growth. The Smarter Web Company is positioning itself as a pioneer in integrating cryptocurrency into corporate finance. 

As it executes its “10 Year Plan,” the company continues to balance innovation with transparency, aiming to lead in both the technology services sector and the emerging Bitcoin-based financial landscape.